Sales Innovation and Sales Channel Expansion in Europe, the United States and Emerging Markets

「In Europe, although revenue from vehicle development, including die and equipment revenue, declined, increased production volumes for each customer and strong year-round production of newly ordered EV body parts resulted in revenue of ¥36,336 million, up 34.9% year on year.」

「Revenue: Although revenue from vehicle development, including die and equipment revenue, declined, revenue increased due to higher production volumes for each customer and the start of production of new parts ordered from Tesla.」

「In addition to steady production volumes under orders from European automakers, mass-production revenue increased due in part to the start of production in December of body parts for TESLA. Following Europe-based Tesla, the Group has secured new orders for EV bodies from a Chinese manufacturer.」

「In Europe, the Group received orders for EV body parts from Tesla, an EV-only automaker, and plans to begin production at its European facilities.」

「For the consolidated fiscal year, revenue was ¥236,503 million, up 12.9% year on year, due to changes in material unit prices and foreign-exchange effects, among other factors, as well as the contribution from new orders for sales to other automakers, despite a decline in the number of vehicles produced under orders for the HONDA MOTOR CO.,LTD. Group.」

「Mass-production revenue increased, and revenue rose, partly due to the launch of new models for Toyota. In addition to higher die and equipment revenue, strong production of new models for Toyota increased mass-production revenue, resulting in higher revenue.」

「The number of vehicles produced under orders for European automakers increased. Revenue rose due to higher mass-production revenue and foreign-exchange effects, among other factors.」

「Sales increased due to the recovery in production, the limited impact of customers’ semiconductor shortages and the ramp-up of BMW’s new iX at the Slovakia operation, among other factors.」

「Sales were ¥11,853 million, down 22.2% year on year. Although the Slovakia operation, which began full-scale operations this fiscal year, increased mass-production and non-mass-production sales, overall mass-production sales declined significantly due to the decrease in production volumes at the UK operation, among other factors.」

「In sales to other automakers, the Group received orders for new SUVs and electric vehicles and expanded the range of vehicle models for which it had secured local orders from European automakers.」

「Sales were ¥15,237 million, up 8.7% year on year, due to an increase in mass-production sales as production of newly awarded orders expanded, among other factors. Operating income was ¥2,240 million, up 36.9% year on year, due to the effect of higher sales and other factors.」

「Sales were ¥9,813 million, up 50.6% year on year, due to increases in mass-production sales and sales of dies and equipment, among other factors. Operating income was ¥1,447 million, up 553.1% year on year, due to the effect of higher sales and other factors.」

「Sales were ¥5,294 million, up 51.0% year on year, due to increases in mass-production sales and sales of dies and equipment, among other factors. Operating income was ¥1,110 million, up 453.3% year on year, due to the effect of higher sales and other factors.」

「In Europe, at G-TEKT Slovakia, s.r.o., which is under construction in Slovakia as an aluminum mass-production plant, the Group has secured orders from Jaguar as well as orders for sedan body parts for BMW’s home-country plant in Germany. By expanding business with BMW and other customers and providing lightweight, high-rigidity bodies recognized by luxury vehicle brands, the Group will leverage their brand strength to expand sales globally.」

「Following the receipt of new orders for aluminum parts from a European luxury automaker, the Group decided to establish its first production facility on the European continent in Slovakia.」

「In response to growing orders in the UK, we are considering expanding the plant to increase capacity and improve intra-regional logistics.」

「As one result of these initiatives, sales planning on a global scale is steadily progressing, including the securing of new orders in North America from a European automaker with which the Group had previously done business only in Europe.」

「Although revenue was affected by the stronger yen, sales of new models of the Civic and Jaguar contributed to revenue of ¥12,663 million, up 40.7% year on year, and operating profit of ¥1,664 million, up 74.3%.」

「Driven by the launch of the new Civic and Jaguar models, mass-production revenue and die and equipment revenue increased. Revenue was ¥9,846 million, up 60.2% year on year, and operating profit was ¥1,339 million, up 85.3%.」

「Revenue was ¥2,996 million, up 14.2% year on year, despite the foreign-exchange impact of the stronger yen, due mainly to increases in mass-production revenue and die and equipment revenue. Operating profit was ¥380 million, up 440.7% year on year, due mainly to the full-scale start-up of mass production by local manufacturers and non-mass-production orders for new models.」

「In advanced automotive markets such as Europe and North America, we will conduct sales activities using technological innovation as a competitive advantage, with the aim of securing new orders and customers. In emerging markets such as Asia, we will further refine our conventional pressing, welding and analysis technologies and use them to expand our sales channels.」